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British banks facing Russian money laundering investigation
Some of the biggest names in British banking have been implicated in a major money laundering investigation tied to Russia.
HSBC, the Royal Bank of Scotland, Lloyds, Barclays and Coutts are among 17 UK-based banks that are thought to have processed nearly $740m from the international criminal scheme, according to a report in the Guardian.
The operation, known among investigators as “the Global Laundromat”, has links to Russi
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